JD.com, Inc. Files 20-F Annual Report for Fiscal Year 2023

TL;DR

<b>JD.com, Inc. has submitted its 2023 annual report on Form 20-F, detailing its financial performance and business operations.</b>

AI Summary

JD.com, Inc. (JDCMF) filed a Foreign Annual Report (20-F) with the SEC on April 18, 2024. JD.com, Inc. filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The filing covers the period from January 1, 2023, to December 31, 2023. The company's principal executive offices are located in Daxing District, Beijing, China. JD.com, Inc. was formerly known as 360buy Jingdong Inc., with a name change effective May 11, 2012. The filing includes detailed financial information and business operations for the reporting period.

Why It Matters

For investors and stakeholders tracking JD.com, Inc., this filing contains several important signals. This filing provides investors and stakeholders with a comprehensive overview of JD.com's financial health, strategic initiatives, and operational performance for the fiscal year 2023. As a major e-commerce and retail company, the 20-F filing is crucial for understanding JD.com's market position, risks, and future outlook in the competitive Chinese market.

Risk Assessment

Risk Level: medium — JD.com, Inc. shows moderate risk based on this filing. The company operates in the highly competitive Chinese e-commerce market, facing significant competition from other major players and evolving regulatory landscapes, which could impact its financial performance and growth prospects.

Analyst Insight

Investors should review the detailed financial statements and risk factors in the 20-F filing to assess JD.com's performance and strategic direction for the upcoming fiscal year.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reporting period end date)
• 2024-04-18 — Filing Date (Date the 20-F was filed)
• 2012-05-11 — Name Change Date (Date the company changed its name from 360buy Jingdong Inc.)

Key Players & Entities

• JD.com, Inc. (company) — Filer of the 20-F report
• 360buy Jingdong Inc. (company) — Former name of JD.com, Inc.
• Beijing (location) — Location of JD.com's principal executive offices

FAQ

Risk Factors

• Intense Competition [high — market]: The company faces intense competition in the e-commerce and retail markets in China from other major players, which could adversely affect its business and profitability.
• Regulatory Environment [medium — regulatory]: Changes in the regulatory environment in China, particularly concerning data privacy, anti-monopoly regulations, and other aspects of internet and e-commerce businesses, could impact JD.com's operations and financial results.

Industry Context

JD.com is a leading e-commerce and retail company in China, operating a sophisticated supply chain and logistics network. The company competes in a dynamic and rapidly evolving digital marketplace.

Regulatory Implications

The company operates under Chinese regulations governing e-commerce, data privacy, and anti-monopoly laws. Changes or stricter enforcement of these regulations can significantly impact business operations.

What Investors Should Do

1. Analyze the financial statements and management discussion for detailed performance metrics.
2. Review the risk factors section for potential challenges and mitigation strategies.
3. Assess the company's competitive positioning and strategic outlook in the Chinese e-commerce market.

Key Dates

• 2023-12-31: Fiscal Year End — End of the reporting period for the 20-F filing.
• 2024-04-18: Filing Date — Date the 20-F was officially submitted to the SEC.

Year-Over-Year Comparison

This filing represents the annual report for the fiscal year 2023, providing updated financial and operational information compared to previous filings.

Key Financial Figures

• $0.00002 — wo Class A ordinary shares, par value US$0.00002 per share) JD The Nasdaq Stock Marke

Filing Documents

• d573654d20f.htm (20-F) — 5285KB
• d573654dex81.htm (EX-8.1) — 14KB
• d573654dex121.htm (EX-12.1) — 11KB
• d573654dex122.htm (EX-12.2) — 11KB
• d573654dex131.htm (EX-13.1) — 4KB
• d573654dex132.htm (EX-13.2) — 4KB
• d573654dex151.htm (EX-15.1) — 3KB
• d573654dex152.htm (EX-15.2) — 3KB
• d573654dex97.htm (EX-97) — 28KB
• g573654dsp003.jpg (GRAPHIC) — 196KB
• g573654g00k01.jpg (GRAPHIC) — 29KB
• g573654g00k02.jpg (GRAPHIC) — 57KB
• 0001193125-24-099869.txt (&nbsp;) — 21629KB
• jd-20231231.xsd (EX-101.SCH) — 151KB
• jd-20231231_cal.xml (EX-101.CAL) — 131KB
• jd-20231231_def.xml (EX-101.DEF) — 856KB
• jd-20231231_lab.xml (EX-101.LAB) — 1126KB
• jd-20231231_pre.xml (EX-101.PRE) — 1022KB
• d573654d20f_htm.xml (XML) — 3499KB

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 184 Item 12.

Description of Securities Other than Equity Securities

Description of Securities Other than Equity Securities 184 Part II 189 Item 13. Defaults, Dividend Arrearages and Delinquencies 189 Item 14. Material Modifications to the Rights of Security Holders and Use of Proceeds 189 Item 15.

Controls and Procedures

Controls and Procedures 189 Item 16A. Audit Committee Financial Expert 190 Item 16B. Code of Ethics 190 Item 16C. Principal Accountant Fees and Services 191 Item 16D. Exemptions from the Listing Standards for Audit Committees 192 Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers 192 Item 16F. Change in Registrant's Certifying Accountant 193 Item 16G. Corporate Governance 193 Item 16H. Mine Safety Disclosure 193 Item 16I. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 193 Item 16J. Insider Trading Policies 193 Item 16K. Cybersecurity 193 Part III 194 Item 17.

Financial Statements

Financial Statements 194 Item 18.

Financial Statements

Financial Statements 194 Item 19. Exhibits 195 i Table of Contents INTRODUCTION Unless otherwise indicated or the context otherwise requires, references in this annual report to: "ADSs" are to our American depositary shares, each of which represents two Class A ordinary shares; "CCASS" are to the Central Clearing and Settlement System established and operated by Hong Kong Securities Clearing Company Limited, a wholly-owned subsidiary of Hong Kong Exchange and Clearing Limited; "China" or the "PRC" are to the People's Republic of China; "CSRC" are to the China Securities Regulatory Commission; "HFCAA" are to the Holding Foreign Companies Accountable Act, which was enacted on December 18, 2020, signed into law on December 29, 2022 and amended by the Consolidated Appropriations Act, 2023; "HK$" or "Hong Kong dollars" or "HK dollars" are to Hong Kong dollars, the lawful currency of Hong Kong; "Hong Kong" or "HK" or "Hong Kong S.A.R." are to the Hong Kong Special Administrative Region of the PRC; "Hong Kong Listing Rules" are to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, as amended or supplemented from time to time; "Hong Kong Share Registrar" are to Computershare Hong Kong Investor Services Limited; "Hong Kong Stock Exchange" are to The Stock Exchange of Hong Kong Limited; "JD Health" are to JD Health International Inc., a consolidated subsidiary of our company and the shares of which are listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 6618 (HKD counter) and 86618 (RMB counter)), and, except where the context otherwise requires, its subsidiaries and the consolidated variable interest entities and their subsidiaries; "JD Industrials" are to JINGDONG Industrials, Inc. (formerly known as JD Industrial Technology Inc. and renamed as in March 2023), a consolidated subsidiary of our company and, except where the context otherwise requires, its subsidiaries and the conso

View Full Filing

View this 20-F filing on SEC EDGAR